Real Estate Agent Agreement Free

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Last updated   2020-03-27 18:36:42
Formats Word and PDF

A real estate agent and a client can use this Real Estate Agreement when wanting to describe their relationship related to selling a client's property.

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Template overview Template Overview

A real estate agent and a client can use this Real Estate Agreement when wanting to describe their relationship related to selling a client's property. Note that the relationship is not specified as the employment - the agent is considered as an independent contractor and is not the client's employee. The agent simply acts as an intermediary between the client selling their property and the potential buyers of said property. Basically, real estate agents assist, manage, and regulate the marketing, advertising, and staging of the property, as well as negotiating and selling the property under the most favorable terms possible.

This agreement is quite similar to the Broker Agreement, though the main difference is that in a Real Estate Agent Agreement, an agent will sell real property to a buyer on behalf of their client. (ideti linka)

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How to use this template How to use this template

The document has everything to create a complete and well-done Real Estate Agent Agreement. Either party can use and modify the agreement, although both sides have to agree on all the terms. To be more specific, the document contains the following information that will oversee the business relationship:

  • Name and contact information for both parties, as well as the names of any representatives who may sign the Agreement on behalf of either Party;
  • Responsibilities that must be fulfilled by each Party under this Agreement, including advertising, marketing, staging, and showing the property;
  • Payment arrangement dictating how and when the Agent will be compensated for their work and/or reimbursed for any out of pocket expenses they may have incurred in connection with performing on this Agreement;
  • Length of the Agreement and when and how the Agreement will terminate

A completed document should be printed and signed by both parties. We recommend keeping copies in case any future disputes arise.

Applicable law Applicable law

In the US, both federal and specific state laws govern Real Estate Agent Agreements. Relevant to federal law, the Internal Revenue Service ("IRS") has stringent guidelines concerning whether a person providing services is an employee or an independent contractor. Frequently, businesses attempt to make their associations with workers "independent contractor" relationships so that they are not obligated to provide employee benefits or to withhold employee payroll taxes. Real estate agents usually work as independent contractors for the Clients they serve, and this Agreement is structured to follow the guidelines provided by the IRS on this topic. 

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